Key Market Indicators
Colombia's cosmetics imports are expected to hit $679 million by 2026, up 1.6% year-on-year from $616 million in 2021. This is an average annual growth of 1.9% since 1996. In 2021, Colombia was in 41st place, overtaken by Kuwait with $616 million. China, Germany and the UK were the top three importers. Meanwhile, exports of cosmetics from Colombia are set to reach $530 million by 2026, a 1.4% year-on-year growth from $487 million in 2021. This is an average annual growth of 4.3% since 1996. In 2021, Colombia was in 37th place, overtaken by Sweden at $487 million. The US, Germany and Ireland were the top three exporters.
